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3615 2ND AVENUE
About This Property
Inside, luxury vinyl plank flooring flows seamlessly throughout the home, creating a warm and inviting feel. The kitchen features oversized quartz countertops, custom finishes, and an open-concept layout ideal for everyday living and entertaining. Just off the kitchen, a spacious laundry room offers added convenience and functionality. Generously sized bedrooms provide comfort and flexibility, while the beautifully updated bathrooms offer a spa-inspired feel, including a private primary en-suite retreat.
Outside, enjoy the expansive flat yard with ample space for entertaining, recreation, or relaxation. Additional exterior improvements include a brand-new asphalt driveway, fresh professional landscaping, and a detached shed with all-new siding and roof. With virtually every component updated and all-new finishes throughout, this home offers the perfect combination of luxury, comfort, and coastal community living.
Schedule your tour today and experience all this exceptional home has to offer.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017